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The UK’s development finance arm, CDCGroup, may invest more than $1 billion in Nigeria over the next four years as the government looks to increase business ties with Africa after it leaves the European Union in March.

CDC, which has investments ranging from listed Nigerian banks to an Ethiopian wine maker and a bakery

"A reasonable figure for Nigeria, given the size of its economy, would be about $1.2 billion,"

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The Chief Executive Office of African Trade Insurance Agency, Mr. George Otieno, in this interview, spoke to journalists on the implication of Nigeria’s signing to join Africa’s only multilateral credit and investment insurer, saying it will assist in providing insurance cover for infrastructure and debt refinancing support. Goddy Egene presents the excerpts: Tell us about...

INTERNATIONAL - Nigeria’s Access Bank Plc agreed to take over struggling local rival Diamond Bank Plc in a deal worth about $200 million that would create the nation’s biggest lender by assets. Both companies’ shares rose. Access will buy Diamond for 72.5 billion naira ($199 million), with almost a third of that being paid for in cash and the rest in shares, the Lagos-based...

Nigeria’s Access Bank PLC agreed to take over struggling local rival Diamond Bank PLC in a deal worth about US$200 million that would create the nation’s biggest lender by assets. Both companies’ shares rose. Access is to buy Diamond for 72.5 billion naira (US$199 million), with almost one-third of that being paid for in cash and the rest in shares, the Lagos-based lenders said...

Lendable, the first debt platform designed for African non-bank lenders, in partnership with FMO, the Dutch Development Bank, has urged Nigerian business community to take data privacy and data security serious. The two organisations state this while hosting its latest event on data privacy and data security in Lagos as part of a series of workshops on Responsible Lending after...

The Ambassador Extraordinary and Plenipotentiary of Japan to the Federal Republic of Nigeria, Yutaka Kikuta, affirms that the cordial bilateral ties between his country and Nigeria have enabled both countries to unlock the trade and investments potentials in Nigeria, adding that Nigeria attracts more Japanese companies now because of its enormous potentials. In this interview...

NAIROBI (Xinhua) -- Cytonn, an investment firm, said the investment has been on the rise for the better part of this year as more investors putting money in financial technology, education, financial services and health sectors, among others. According to Africa Private Equity and Venture Capital Association (AVCA), in the first quarter of 2018, private equity deals across...

A few months ahead of presidential elections in Nigeria, Islamist Boko Haram militants have killed dozens of soldiers and civilians in the north of the country. President Muhammadu Buhari is under fire for his failure to defeat the insurgents.
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A few months ahead of presidential elections in Nigeria, Islamist Boko Haram militants have killed dozens of soldiers and civilians in the north of the country. President Muhammadu Buhari is under fire for his failure to defeat the insurgents.
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published:07 May 2017

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Subscribe: http://www.youtube.com/user/deutschewelleen

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